Steel demand vs Crude steel production

In 2026, steel demand worldwide stood at 1,724 million tonnes (forecast), against 149.2 million tonnes for crude steel production.

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Global, spaced by time. Both series are in million tonnes, so they share one axis; the legend names each line.

Steel demand and Crude steel production

Unit: million tonnes · 6 observations

2 series · one axis

Forecast: dashed line, hollow markers, shaded band

Steel demand and Crude steel production: GlobalSteel demand and Crude steel production. 2 indicators on one axis: Steel demand, Crude steel production. 6 observations from 2026 to 2027, ranging from 147.3 million tonnes to 1,762 million tonnes, of which 2 are forecasts. Latest values: Steel demand 1,762 million tonnes (2027); Crude steel production 149.2 million tonnes (July 2026). million tonnes 0 500 1,000 1,500 2,000 Mar 2026 May 2026 Jul 2026 Sep 2026 Nov 2026 2026 2027 FORECAST 149 Crude steel production 1,762
Steel demand and Crude steel production: GlobalSteel demand and Crude steel production. 2 indicators on one axis: Steel demand, Crude steel production. 6 observations from 2026 to 2027, ranging from 147.3 million tonnes to 1,762 million tonnes, of which 2 are forecasts. Latest values: Steel demand 1,762 million tonnes (2027); Crude steel production 149.2 million tonnes (July 2026). million tonnes 0 500 1,000 1,500 2,000 Mar 2026 May 2026 Jul 2026 Sep 2026 Nov 2026 2026 2027 FORECAST 149 Crude steel production 1,762
Steel demand and Crude steel production: GlobalSteel demand and Crude steel production. 2 indicators on one axis: Steel demand, Crude steel production. 6 observations from 2026 to 2027, ranging from 147.3 million tonnes to 1,762 million tonnes, of which 2 are forecasts. Latest values: Steel demand 1,762 million tonnes (2027); Crude steel production 149.2 million tonnes (July 2026). million tonnes 0 500 1,000 1,500 2,000 Mar 2026 Jul 2026 Nov 2026 2027 FORECAST 149 Crude steel production 1,762
View the underlying data
Steel demand and Crude steel production: Global
Indicator Period Type Value
Steel demand 2027 Forecast 1,762 million tonnes
Steel demand 2026 Forecast 1,724 million tonnes
Crude steel production July 2026 Actual 149.2 million tonnes
Crude steel production June 2026 Actual 155.7 million tonnes
Crude steel production May 2026 Actual 157.9 million tonnes
Crude steel production January 2026 Actual 147.3 million tonnes
Source: worldsteel · CC BY 4.0 · Steel demand · Crude steel production

Shared periods

Side by side

Only one period is published for both series. Comparing anything else would mean comparing different years.

Period Steel demand Crude steel production
2026 1,724 million tonnes 149.2 million tonnes

Provenance

Where these numbers come from

Steel demand

Total volume of steel demand for the specified region and period.

2 observations in Global · source organisations: worldsteel

Crude steel production

Total volume of crude steel produced.

4 observations in Global · source organisations: worldsteel

Data published under CC BY 4.0. Series A as JSON · Series B as JSON

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